The last time hike odds jumped this fast while greed sat above 70, $BTC spent the next nine months giving back every gain of the prior year.
That familiar tightness in your chest is not excitement. It is the same FOMO that made you average in at the top last cycle, then sit through months of red while you waited for a bounce that never arrived.
Rate hikes are a tax on risk appetite. When the 10-year yield rises, capital that was hunting returns in names like $FIL starts rotating into $USDT and Treasuries because 4 percent with no overnight gap is suddenly competitive. I watched this exact sequence in 2018 and again in 2022. The market rarely dumps on the announcement itself. It just stops buying the rips. Liquidity thins. Then one weak print and the bids you were counting on are gone.
Greed at 73 with October odds already at 69 percent means the crowd has not priced the tightening yet. They will.
Where do you think this goes from here if the Fed actually follows through?
#FedOctoberRateHikeOddsRiseTo69 #US10YTreasuryYieldHits19YearHigh #US30YearYieldHighestSince2004
That familiar tightness in your chest is not excitement. It is the same FOMO that made you average in at the top last cycle, then sit through months of red while you waited for a bounce that never arrived.
Rate hikes are a tax on risk appetite. When the 10-year yield rises, capital that was hunting returns in names like $FIL starts rotating into $USDT and Treasuries because 4 percent with no overnight gap is suddenly competitive. I watched this exact sequence in 2018 and again in 2022. The market rarely dumps on the announcement itself. It just stops buying the rips. Liquidity thins. Then one weak print and the bids you were counting on are gone.
Greed at 73 with October odds already at 69 percent means the crowd has not priced the tightening yet. They will.
Where do you think this goes from here if the Fed actually follows through?
#FedOctoberRateHikeOddsRiseTo69 #US10YTreasuryYieldHits19YearHigh #US30YearYieldHighestSince2004
